Are you good at price action and technical analysis?

Discussion in 'Trading' started by longandshort, Mar 4, 2023.

  1. SunTrader

    SunTrader

    Something you wish you were.
     
    #121     Mar 5, 2023
  2. lol what a circular bit of mumbo jumbo. I’m not going to try to talk stats to you as it’s clear you’re getting lost in semantics and do not know what you’re talking about. Probability is not a prediction, you make a prediction based upon a probability. If you react, you are still making a prediction lol, based upon your understanding of your probabilities.
     
    #122     Mar 5, 2023
  3. *yawn*
    Personal attacks bore me
     
    #123     Mar 5, 2023
  4. easymon1

    easymon1

    There you go. So you finally admit it.
    So what good is your carnival contest as relates to Price Action Trading?
    Also
    What does your contest say about 95% of "Price Action Traders", those without stats?

    delete.jpg
     
    #124     Mar 5, 2023
  5. I never said probabilities = prediction lol

    anyway, price action continues to be a poor technique in assessing what direction price will move to next.
    upload_2023-3-5_16-24-30.png
     
    #125     Mar 5, 2023
    beginner66 likes this.
  6. savoir

    savoir

    “Price action” is a hackneyed term used by course sellers. “Bar-by-bar” is sometimes used in conjunction.

    Nonetheless, monitoring real-time price activity and having instant market access can be the basis of a trading edge. Think Livermore and bucket shops in the early 20th century.
     
    #126     Mar 5, 2023
  7. easymon1

    easymon1

    Not so fast, Kreskin, lol.
    Before you run out the back door of the tent with the money

    Your conclusion is erronious in the extreme.

    It speaks to the practitioners of "Price Action Trading" who responded to your
    circus contest but it does not at all address the effectiveness of the technique
    called "Price Action Trading".
    Prove me wrong.
    delete.jpg
     
    #127     Mar 5, 2023
  8. What evidence would you accept lol
     
    #128     Mar 5, 2023
  9. easymon1

    easymon1

    What have you presented that addresses the effectiveness of the technique called "Price Action Trading".
     
    #129     Mar 5, 2023
  10. themickey

    themickey

    Psss: Can I make a suggestion, you'll get nowhere debating with some of these characters, waste of time and talent.
     
    #130     Mar 5, 2023
    longandshort likes this.